Berenberg Bank restated their buy rating on shares of Essentra (LON:ESNT – Free Report) in a research report released on Wednesday,London Stock Exchange reports. Berenberg Bank currently has a GBX 170 ($2.19) price target on the stock.
Essentra Stock Down 0.8 %
Shares of ESNT traded down GBX 0.80 ($0.01) during midday trading on Wednesday, reaching GBX 103.60 ($1.33). 3,525,021 shares of the stock were exchanged, compared to its average volume of 2,665,744. The company has a market capitalization of £297.78 million, a P/E ratio of 85.34, a PEG ratio of 3.84 and a beta of 1.18. The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89. Essentra has a 52 week low of GBX 103 ($1.33) and a 52 week high of GBX 191.80 ($2.47). The company’s 50 day moving average is GBX 118.66 and its two-hundred day moving average is GBX 136.03.
Essentra (LON:ESNT – Get Free Report) last issued its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) earnings per share (EPS) for the quarter. Essentra had a net margin of 1.13% and a return on equity of 1.28%. On average, sell-side analysts anticipate that Essentra will post 524.137931 earnings per share for the current year.
Essentra Increases Dividend
Insider Activity
In other news, insider Steve Good acquired 35,000 shares of Essentra stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average price of GBX 109 ($1.40) per share, for a total transaction of £38,150 ($49,118.06). Also, insider Rowan Baker bought 10,036 shares of the stock in a transaction on Monday, March 24th. The stock was purchased at an average price of GBX 104 ($1.34) per share, with a total value of £10,437.44 ($13,438.19). Company insiders own 0.99% of the company’s stock.
Essentra Company Profile
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